Will ROSE Reach $0.10000 By the End of 2023?
The post Will ROSE Reach $0.10000 By the End of 2023? appeared on BitcoinEthereumNews.com.
ROSE price witnessed a massive surge and redirected the gains to the psychological round mark of $0.10000. Buyers looked aggressive and the ROSE coin reverted from the lower trendline of $0.07720 near the 20-day EMA mark and is showing strength on the charts. The technicals displayed the bullish momentum and impressive performance of bulls, which led the Oasis Network coin price to the crucial hurdle of $0.08700. The coin’s price continued to deliver higher high formation and replicate an uptrend on the charts. Moreover, the price action shows bulls’ dominance and buyers are uplifting the ROSE crypto price to claim the swing mark of $0.10000. With the crypto market pump, the ROSE token noted a smart recovery and a rally which is still in the limelight and buyers continued to put efforts for the past sessions. The live price of the ROSE crypto is $0.08526 with an intraday gain of 7.42%, showing bullishness on the charts. Moreover, the trading volume increased by 16.33% to $44.77. However, the pair of ROSE/BTC is at 0.00000198 BTC, and the market cap is $127.90 Million. Furthermore, analysts have maintained a buy rating and suggest a positive sentimental view for the following sessions. ROSE On Daily Charts Displays Rising Parallel Channel Source: ROSE/USD Price Chart By TradingView On the daily charts, the ROSE price witnessed a sharp bounce from the demand zone of $0.04000 and has surged over 80% in the past few trading sessions. Moreover, the ROSE crypto price has surpassed the 50% Fibonacci retracement zone and is sustaining gains near the upper Bollinger Band. The RSI curve stayed in the overbought zone and formed a negative divergence on the charts indicating the volatile outlook for the upcoming sessions. The MACD indicator showed a bullish crossover, favouring the bulls, and suggests an outperformance for…
Filed under: News - @ December 14, 2023 11:22 pm